Tag: financial advice

Financial risk for festive season FOMO

With the festive season in full swing means you will be spending more money than usual. Which is why it is super important to budget as it is an important part of being financially responsible. It is something that you should be doing every month. But December is where drawing up a budget is most […]

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Financial self-care is vital for holistic wellness

Self-care and wellness go way beyond just taking care of your mental, physical and emotional health. In fact, one of the best ways to take care of your mental health and well-being is through financial self-care. If you start planning, seeking advice, spending less and finding a possible side-hustle, that might be the ticket to […]

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Saving money takes on added importance with a recession looming

As economists warn of a looming global recession, South African consumers are already feeling the pinch. Fuel prices are at record levels, essential grocery items are far more expensive, and it’s going to cost you more to keep your lights on, when your load-shedding schedule allows. With salaries so stretched, sound money management has never […]

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Understanding your credit card

One of the most common mistakes people make with their money is using financial products they don’t really understand. Like a credit card. While the concept of a credit card is simple – the bank approves you for a certain amount of credit, you spend it and then pay it back each month – you […]

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How to navigate the economic turbulence ahead  

The recent spate of fuel price increases have had the predicted domino effect on the overall consumer price inflation. The biggest battle for consumers remains at the till as they fork out more on staples, like bread, flour, cereal, and maize. Being prepared for harsh economic times is an essential part of financial health, whether […]

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What’s the difference between a loan and an overdraft? 

Deciding on the best method of credit can be tricky. The current hike in the repo rate, and escalating fuel and food costs mean many people are just not making ends meet and have to resort to a loans or overdrafts. Personal loans are popular, but overdrafts also have advantages. So, which is the best […]

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Youth can be an advantage when times are tough

South African youth may feel there is little to celebrate in the current depressed economic climate. The increased cost of living is making it hard for families to make ends meet. Those entering the world of work for the first time are learning first-hand just how difficult it can be to make your salary last […]

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Planning for your child’s education

Giving your children the education they need to build a successful future is something most parents strive for. Samke Mhlongo shares the various options available for planning for your child’s education, and how they work. “At least you don’t have to pay school fees, mngani!” That is what my childhood friend says whenever I complain […]

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Live your best life on a budget

Samke Mhlongo shares ways to make your money work better for you. Pictures: XX I was surprised over the holidays when family members expressed that they had not expected me to complain about how difficult the past year was. They felt like this because of my social media activity and frequent travel that suggested that […]

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